World could face worst energy crisis in decades, IEA chief warns

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International Energy Agency (IEA) Executive Director Fatih Birol. File

International Energy Agency (IEA) Executive Director Fatih Birol. File | Photo Credit: Reuters

The warfare successful the West Asia could spot the satellite look its worst vigor situation successful decades, International Energy Agency main Fatih Birol warned connected Monday (March 23, 2026), describing the concern arsenic “very severe”.

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“Many of america retrieve the 2 consecutive lipid crises successful the 1970s... astatine that time, successful each of the crisis, the satellite has mislaid astir 5 cardinal barrels per day, some of them together, 10 cardinal barrels per day,” Mr. Birol told the National Press Club successful Australia’s capital.

“As of today, we mislaid 11 cardinal barrels per day, truthful much than 2 large lipid shocks enactment together,” helium said.

Published - March 23, 2026 07:44 americium IST

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